October is the month when most medical schemes announce their updated rates for 2021.Will it be in line with the Council for Medical Schemes’ recommendation? In August 2020, the Council for Medical Schemes […]
With the increase in medical innovation, gap cover is becoming increasingly critical, especially where robot assisted surgery is concerned. “Medical technology is always pushing the boundaries of innovation, and one of the latest […]
With the increase in medical innovation, gap cover is becoming increasingly critical, especially where robot assisted surgery is concerned. “Medical technology is always pushing the boundaries of innovation, and one of the latest […]
Last week the CMS shared their concern that a significant number of schemes, which account for nearly half of the medical scheme population, have not applied for exemptions to regulations from the Council. […]
Last week the CMS shared their concern that a significant number of schemes, which account for nearly half of the medical scheme population, have not applied for exemptions to regulations from the Council. […]
The FSCA has published Communication 17 of 2020 to inform stakeholders that a draft general exemption has been published for further comment. Due to the different meaning attributed to the term “fund” brought […]
The FSCA has published Communication 17 of 2020 to inform stakeholders that a draft general exemption has been published for further comment. Due to the different meaning attributed to the term “fund” brought […]
“Coronavirus is yet to test the rules of medical schemes,” Michelle David, Director at Norton Rose Fulbright South Africa Inc recently stated in an article where she weighs in on the implications of […]
Towards the end of last year, the Council for Medical Schemes (CMS) published two circulars announcing its plans for Low Cost Benefit Options (LCBO) and the Demarcation Exemption Framework, going forward. Basically, the […]
Medical schemes are facing tremendous pressure in a low growth market where customer expectations and utilisation are very high and increasing, while loyalty is on the decline as a result of lower price […]
According to the 2020 Global Medical Trend Rates Report released by Aon, employer-provided medical benefit costs in South Africa are forecast to rise by 10 percent in 2020, outpacing the annual general inflation […]
In a recent opinion piece written by Tony Singleton, CEO of Turnberry Management Risk Solutions, he questions if the ‘gap’ has grown between medical expenses and payouts. Singleton mentions that over the past […]
The Discovery Health Medical Scheme continues to lead the medical scheme industry with a market share of 56.6% in the open medical scheme market, net growth of over 41,000 lives in 2018 and […]
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